Accounts Jobs:

The accounts department of any company is an extremely important department with in the company as the accounts department takes care of all the financial and accounts work of the company. The accounts department is responsible for tabulating the accounting and the financial results of the company. In the accounts department, there are several accounting professionals ranging from accountants, chartered accountants, accounts executives, accounts managers, auditors as well as book keepers.

Accounts Job Description:

The accounts job description which is generally assigned to people working in the accounts industry is given below.

  • Overseeing the entering and recording data regarding sales, taxes, profits, revenues, financial transactions, tax savings, cash flow and other accounts related stuff as and when the need may be.
  • Preparing balance sheets on a regular basis that is daily basis, weekly basis or a monthly basis as required.
  • Interacting constantly with the finance department.
  • Holding meetings with the other officials in the company in order to prepare the budget of the company for the approaching financial year.
  • Keeping record of the financial statements or any financial transactions that have taken place in the organisation.
  • Managing the entire accounts department with respect to the accountants, book keepers, chartered accountants, auditors, etc.
  • Ensuring that all the accounting methods being used are legal and within the frame work of the law.

Education Requirements for Accounts Jobs

In order to get an accounting job in a reputed accounting firm there are a certain requirements which need to be fulfilled by the candidate. They are as follows:

  • B.Com (Bachelor’s degree in Commerce): It is one of the most basic requirements of any accounting firm.
  • M.Com(Master’s degree in Commerce): From any reputed and recognized college or university would be an added benefit.
  • CPA (Certified Public Accountant) : A CPA degree is optional but it will surely give you an edge over the other accounting job seekers.
  • Knowledge of book keeping, auditing, accounting, finance and analysis, taxation can prove to be of great help while looking for getting an accounting job in a reputed firm.

Top Skills needed for an Accounting Job

In order to get an accounting job in a reputed company, any accounting job seeker must possess the following set o skills:

  • Public Speaking: A good accounting professional should have strong communication as well as public speaking skills.
  • Mathematical aptitude: An accounting job seeker should also have an aptitude in Mathematics and should be able to work with figures quickly and accurately.
  • Computer knowledge: Basic knowledge of computers including Microsoft Word, WordPerfect, Outlook, Excel, PowerPoint, Tally etc would prove to be an asset.
  • Risk identification skills: He or she should have extremely good analytical as well as Risk identification skills.
  • General awareness: Practical knowledge and the knowledge about the current market scenario is also a must to get a good accounting job.

Training and Certification:

The training as well as the certification courses that are offered in accounting is a perfect mixture of practical as well as theoretical training. As far as the practical training is concerned, candidates are supposed to complete a two and a half years of training at any accounting firm.

For theoretical training there are a large number of online courses that are available for accounting aspirants. A few of them are:

  • B.S. in Accounting/Auditing-Forensic Accountancy
  • B.S. in Accounting/Government-Nonprofit Accountancy
  • MS in Professional Accounting: Controllership
  • MS in Professional Accounting: Taxation
  • MBA – Accounting
  • Master of Science in Accounting and Information Technology

Accounts job salary

The salary received by an Accounts Manager engineer is pretty good though it may vary from one to another organisation. As and when your experience increases in the organisation or in the industry, your salary will also rise.

Beginner (0-1 years of experience)

Monthly: Rs. 8,000 to Rs. 15,000
Annual: Rs.96,000 to Rs. 1.8 lakhs

Professional ( 2-3 years of experience) :

Monthly: Rs. 16,000 to Rs. 25,000
Annual: Rs.1.92 lakhs to Rs. 3.00 lakhs

Accounts Manager professional ( 5 and above  years of experience)

Monthly: Rs. 25,000 to Rs. 50,000

Annual: Rs.3.00 lakhs to Rs. 6.00 lakhs

Top Cities & Companies to look for Accounts Jobs

Accounts jobs are easily available all across the country though most of the accounts companies in India are located in the following cities where it will be easier to find a accounts job- Mumbai, Delhi, Chennai, Pune, Hyderabad, Gurgaon, Bangalore, Chandigarh, Kolkatta and Ahmedabad.

Accounts Job Outlook

A very strong growth and an increase in the total number of accounts jobs is expected in the coming decade. This growth in the accounting sector will be driven by several factors such as growth in the economy, increase in the total number of businesses that have established, mergers, investments, change in the finance related laws, globalization of business and many other factors.

Along with these factors the change in the role of the accountants will also result into an increase in the number of accounts jobs generated in India. The only way to survive this cut throat competition would be having the right attitude and the much needed acumen.

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